Re-appraising the economic value and community importance of stations

Steer Davies Gleave Director Mike Goggin recently spoke at the UK National Rail Stations conference on the economic value and community importance of railway stations. This follows on from research carried out by Steer Davies Gleave on behalf of Network Rail titled ‘The Value of Station Investment’, which investigated the commercial potential of station development, the impact of station investment on the economy and the implications for future station investment.

Research continues to show that stations and interchanges not only contribute to a passenger’s overall journey experience, but is also good for stakeholders in the surrounding community; providing a sense of identity, a civic amenity and a focus for change and redevelopment. This can have direct impact on the value of inward investment, tax income from property, and the profile of a city and region.

The presentation takes a look at the evidence for investing in stations, including case studies of stations that have undergone redevelopment and modernisation in the UK. It also looks at how to identify where to invest and what the different types of stations investments are.